As of 2025-04-22, the Relative Valuation of Electrovaya Inc (ELVA.TO) is (0.31) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 3.55 CAD, the upside of Electrovaya Inc based on Relative Valuation is -108.8%.
The range of the Relative Valuation is (0.47) - 0.03 CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 6.8x - 12.1x | 9.4x |
| Forward P/E multiples | 12.8x - 17.8x | 15.3x |
| Fair Price | (0.47) - 0.03 | (0.31) |
| Upside | -113.3% - -99.2% | -108.8% |
| Date | P/E |
| 2025-04-17 | -51.55 |
| 2025-04-16 | -50.39 |
| 2025-04-15 | -51.26 |
| 2025-04-14 | -49.81 |
| 2025-04-11 | -49.38 |
| 2025-04-10 | -48.07 |
| 2025-04-09 | -48.36 |
| 2025-04-08 | -47.20 |
| 2025-04-07 | -49.67 |
| 2025-04-04 | -48.94 |
| 2025-04-03 | -52.28 |
| 2025-04-02 | -52.43 |
| 2025-04-01 | -54.31 |
| 2025-03-31 | -48.65 |
| 2025-03-28 | -49.52 |
| 2025-03-27 | -50.97 |
| 2025-03-26 | -51.84 |
| 2025-03-25 | -54.02 |
| 2025-03-24 | -56.49 |
| 2025-03-21 | -58.23 |
| 2025-03-20 | -59.69 |
| 2025-03-19 | -55.91 |
| 2025-03-18 | -53.88 |
| 2025-03-17 | -53.73 |
| 2025-03-14 | -52.14 |
| 2025-03-13 | -51.41 |
| 2025-03-12 | -48.94 |
| 2025-03-11 | -48.94 |
| 2025-03-10 | -51.12 |
| 2025-03-07 | -47.05 |
| 2025-03-06 | -46.04 |
| 2025-03-05 | -42.55 |
| 2025-03-04 | -42.70 |
| 2025-03-03 | -43.86 |
| 2025-02-28 | -45.02 |
| 2025-02-27 | -46.91 |
| 2025-02-26 | -48.36 |
| 2025-02-25 | -48.36 |
| 2025-02-24 | -47.63 |
| 2025-02-21 | -47.34 |
| 2025-02-20 | -48.36 |
| 2025-02-19 | -50.39 |
| 2025-02-18 | -51.41 |
| 2025-02-14 | -51.70 |
| 2025-02-13 | -50.39 |
| 2025-02-12 | -49.81 |
| 2025-02-11 | -51.26 |
| 2025-02-10 | -52.57 |
| 2025-02-07 | -51.55 |
| 2025-02-06 | -52.14 |